BP strikes deal with Tesla for $100 million worth of Superchargers
The largest oil and gas conglomerate, BP, is the first company to buy $100 million of Tesla's Supercharger hardware. The purchase marks the first for a company to buy DC charging...
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
automotive industry insights
PSD Automotive Group acquires Global Auto Mall
On October 27, PSD Automotive Group acquired the Global Auto Mall of North Plainfield, New Jersey.
Global Auto Mall, which includes Global Kia of North Plainfield, Global Hyundai of North Plainfield,...
Dealer groups show resilience in Q3 despite profitability pressures
Dealership groups across the U.S. broke multiple performance records in the third quarter, highlighting retail automotive's unanticipated resilience in the post-pandemic era.
Lithia & Driveway posted a third-quarter revenue of $8.3...
How dealers can improve their processes with technology – Danny Zaslavsky | VINCUE
In order to improve dealership processes, a small group of software enthusiasts and men in the automotive industry got together and founded VINCUE. With backgrounds in data science, software engineering,...
Resolving lead defection through artificial intelligence — Eric DeMont | Urban Science
Lead defection is a frustrating problem for dealers, resulting in wasted money, time and effort. However, while retailers have historically had few remedies at their disposal, the proliferation of artificial...
Revving up dealership sales: 3 essential components you can’t afford to ignore – Matt Easton
Success in sales boils down to three main factors. On the latest episode of Inside Automotive, Matt Easton, sales coach, consultant, and founder of Easton University, breaks these factors down...
UAW and Ford tentatively reach agreement to end 41-day strike
On the evening of October 25, Ford and the United Auto Workers (UAW) union announced they had reached a “historic” tentative agreement to end a 41-day strike targeting the automaker.
The...
October new vehicle sales to rise against UAW, economic headwinds
Cox Automotive predicts that new vehicle sales will rise in October despite ongoing economic and manufacturing headwinds.
According to the firm's forecast, new vehicle sales will top 1.23 million units, an...
Stellantis to invest $1.58 billion in China’s Leapmotor, plans joint venture
Stellantis has announced a $1.58 billion investment into Chinese electric vehicle maker Leapmotor.
The investment will give the manufacturing conglomerate a 20% stake in the business and two seats on the...
Lexus reveals next-gen LF-ZC concept, a luxury EV promising greater range
Although Lexus has already launched its first EV, the RZ, the Japanese brand, unveiled its promising LF-ZC concept at the Japan Auto Show.
The company's chief branding officer, Simon Humphries, presented...
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